38111 ZIP Code – Memphis, Tennessee

ZIP code 38111 is a large ZIP code located in Memphis, Tennessee, within Shelby County with a population of approximately 42,322 residents. The median household income is $50,151 — below the Tennessee average and below the national average. The median home value of $149,300 is well below the national average, with 44.2% owner-occupied housing (decreasing). , with median rent coming in at $1,002 — near the national figure. Housing consists of 70% single-family (stable), 22% apartments (decreasing), 7% duplex/multi-family.

At 8.3%, the unemployment rate is well above the national figure. The poverty rate of 23.5% is well above the U.S. average. 37.8% of adults hold a bachelor's degree or higher, above the U.S. average. At 32.9, the median age is below the national figure. ZIP codes in the surrounding area include 38152, 38117, 38114.

ZIP Code 38111 Data

Population 42,322
Median Household Income $50,151
Median Home Value $149,300
Median Rent $1,002
Median Age 32.9
Unemployment Rate 8.3%
Poverty Rate 23.5%
Bachelor's Degree or Higher 37.8%
County Shelby County
State Tennessee

ZIP 38111 vs. Tennessee vs. U.S.

MetricZIP 38111TN Avg.U.S. Avg.
Population42k11k10k
Median Household Income$50k$60k$73k
Median Home Value$149k$201k$258k
Median Rent$1,002$922$1,088
Median Age32.942.743.2
Unemployment Rate8.3%5.2%5.0%
Poverty Rate23.5%15.0%13.3%
Bachelor's Degree or Higher37.8%22.7%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
38152 MEMPHIS 719 Not provided
38117 MEMPHIS 26,430 $91,680
38114 MEMPHIS 22,112 $29,492
38112 MEMPHIS 16,334 $49,560
38122 MEMPHIS 24,014 $45,065